Examples of Valuation Reference Date in a sentence
As of the Valuation Reference Date, the valuation scope of the mining right of Shandong Tiancheng Mining Co., Ltd.
There are significant differences in the business structure, business model, enterprise scale, asset allocation and usage, the business stage of the company, growth, business risk, financial risk as compared to listed peers, and there are fewer transactions of comparable companies in the same industry in China close to the Valuation Reference Date.
Profit or loss for the transitional period During the period from the Valuation Reference Date to the date of Completion (the date when the equity of Ludi Gold Mine is registered for industrial and commercial change), the net assets that increase due to operating profits and other reasons, or the net assets that decrease due to operating losses and other reasons, shall be enjoyed or incurred by SDG Mining (Laizhou).
One way this link can be made is to include an explicit requirement that the RIA assesses trade impacts and provides opportunities for foreign and domestic stakeholders to comment on new proposals through effective consultation procedures.
Details are as follows: 1) Valuation Reference Date: 31 May 2021 2) Valuation method: Income equity method 3) Main parameters used in the valuation: retained resource reserves within the valuation scope as of the Valuation Reference Date, 634,200 tons of gold ore, 1,647 kg of gold metal, with an average grade of 2.60 g/t.
As of the Valuation Reference Date, the effective physical workload of the exploration right of the gold mine at the deep level and outer rim of the Matang II mine area in Laizhou, Shandong Province within the the valuation scope was 1/2,000 geological survey of 0.97km2 and drilling of 374.26m.
The accumulated undistributed profits of China Triumph as of the Audit Valuation Reference Date will be enjoyed by Bengbu Institute, except for the distribution of dividend of RMB2,060.30 million to China Triumph’s original shareholders (i.e. the Company and Bengbu Huajin) after the Valuation Reference Date and before the Completion Reference Date.
In light of the above, the appraised value of Weichai Lovol and its subsidiaries had increased from RMB3,500 million as at 31 March 2021, i.e. the valuation reference date for the Previous Acquisition, to RMB8,500 million as at the Valuation Reference Date.
The choices of asset-based approach and income-based approach each for 31 March 2021 and the Valuation Reference Date, respectively, which were based on the management model and operational conditions of Weichai Lovol at each point of time, aiming to correctly reflect the total equity of shareholders at each date, contributed to such increase in the appraised value of Weichai Lovol and its subsidiaries.
The valuation conclusion is set out below: Under the going concern assumption as at the Valuation Reference Date, the carrying amount of the total assets attributable to Hongsheng Mining was RMB332,244,700, the carrying amount of liabilities was RMB322,173,500, and the carrying amount of owner’s equity (net assets) was RMB10,071,200.